Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
CMA CGM’s much-heralded $20bn investment in the US could be in doubt after French president ...
Rodolphe Saade
By Stuart Todd
CMA CGM is looking into the possibility of building mid-size vessels in the US, the Trump administration having promised tax incentives in support of such activity.
In an interview with French business newspaper, Les Echos, which followed a meeting in the Oval Office with the US president to announce a $20bn investment programme in support of the “transformation” of the domestics supply chain, group chief Rodolphe Saade, noted:
“Today, there are shipyards producing small vessels for American operators. We might be interested in ...
Comment on this article
Theodor Strauss
March 10, 2025 at 2:07 pmBlackRock/TIL did not buy Panama ports. They bought terminals!! Loadstar get it right.
Alex Lennane
March 10, 2025 at 2:12 pmApologies – it was written like that as CMA had put in an offer for the Panama terminals alone, but we have now updated the article. Thank you!